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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BAE Systems is taking steps to more than halve the deficit of its £20bn pension fund with a £1bn ...
BAE Systems plans to contribute $1.6 billion in 2020 to its pension funds, accelerating its pension deficit recovery plan timetable.
BAE Systems said its main pension deficit had ballooned some 30 percent to over 3 billion pounds during the first half, sending the defence giant's shares down 5 percent.
BAE Systems would have to double its pension contributions to £550m a year to meet its ambitious plans for cutting the deficit in the scheme by 60 per cent, one of the country's leading pension ...
Tens of thousands of workers at BAE Systems face the prospect of having to make still higher pension contributions after the company disclosed yesterday that the deficit in its scheme soared by £ ...
British defense contractor BAE Systems may be hit by a strike because of the company's efforts to scale back pensions, The Times (of London) said Friday. BAE said last week that employees would ...
The trustees of two BAE Systems pensions schemes have appointed Goldman Sachs Asset Management to manage 23 billion pounds ($28.88 billion) in defined benefit pension scheme assets, the fund ...
BAE Systems and its labour unions have negotiated a sweeping programme to fund the £3.1bn ($5.7bn) actuarial deficit in its pension scheme over the next 12 years.
LONDON (CBS.MW) -- U.K. defense and aerospace group BAE Systems Thursday said its pension fund deficit assessed on an FRS 17 basis increased to £2.5 billion at the half year vs. £2.2 billion at ...
HAMPSHIRE defence firm BAE could be quizzed by local authority pension funds over its activities.
BAE has a total pension deficit of £3.5bn, although this is split among several schemes. The NAPF review also called for a grace period so pension schemes could manage any transition.
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